Research Report

On May 16, Baidu released their financial report card for the first quarter of 2024. I took a look at the data and I have to say it is really impressive! Total revenue reached 31.5 billion yuan, and the net profit attributable to Baidu was even more outstanding, reaching 7.011 billion yuan, with an annual growth rate of 22%. Compared with previous quarters, this result has improved significantly. Thinking about this, we have to talk about some recent actions of this technology giant that shined in the PC era. They have done a lot of AI integration in the search results, and also created a new "interactive" search bar, which is a thorough question-and-answer style...